This is likely what drove much of the stock's drop after the report was released. Management is expecting Q3 revenue to grow only 3% year over year, and it withdrew full-year guidance. Roku is going to face some tough times in the near term, which was made apparent by the weak guidance the company issued for the current quarter. Short-term challenges but long-term potential And the more users and streaming hours, the more advertising revenue can be generated. Once on the platform, the ability to watch content from any provider should lead to continuously increasing streaming hours. By creating inexpensive streaming devices and an easy-to-use operating system, Roku believes it can continue to grow its user base. Roku's business model is simple to understand. After digging in a little deeper into the results, I'm not selling. However, Roku's path to long-term success is still on track. There's no doubt that there were weak headline numbers and troubling guidance in the report. Yet, when Roku reported its second-quarter 2022 earnings, the market reaction was swift and severe, and the stock dropped almost 18% the next day.
#Im still here tv#
Its revenue comes primarily from selling ads - and as advertising shifts away from linear TV and more toward streaming, Roku is positioned to benefit. "I'm just trapped in this fucking self-imposed prison of characterisation!" wails Phoenix at one stage, reclining at home while his dogs have sex on the lawn outside.Known to consumers mostly for its hardware devices and integration with smart televisions, Roku ( ROKU -4.83%) has become a leader in the streaming space. This, surely, is what makes Affleck's film so funny, and so tragic too.
#Im still here movie#
He calls in a film crew to dramatise his torment: an anguished Hollywood brat play-acting the role of an anguished Hollywood brat for the benefit of a movie camera. Not knowing what to do, he falls back on the only thing he can do. Who cares, finally, whether this is a documentary or not? I'm Still Here paints a convincing portrait of a miserable, frustrated actor who has lived so long in the goldfish bowl that he can no longer conceive of a life beyond acting. My own guess is that the fakery runs all the way through, like lettering through a stick of rock, and that this does not necessarily make it any less authentic. Tellingly, however, he also appeared to accept the suggestion that at least some of the scenes may well have been staged. At a press conference following the screening, Affleck denied that his picture was a hoax. One might ask the same question of the film itself. "Are you, like, doing this as a joke?" he snaps at the end. In one hilarious scene he plays a selection of his mumbled, listless rhymes to Sean "Diddy" Combs, who listens in a state of angry confusion. Except that, on this evidence, "Jo-Pho" has about as much chance of making it as a rapper as he does of riding the next Grand National winner. Having deliberately torpedoed one career, our hero is now ideally placed to forge another. Phoenix nods and trembles, on the verge of tears. The only man who can reach him, it seems, is Edward James Olmos, a journeyman Hollywood actor who rolls up to whisper that we are all just raindrops clinging to the side of a mountain. He is raging and befuddled and his promotional duties culminate in a car-crash appearance on the The Late Show with David Letterman that instantly goes viral. When we first meet him, the actor has completed what he swears will be his last performance (playing opposite Gwyneth Paltrow in a lugubrious drama called Two Lovers). Nestled at its centre, Phoenix babbles on, and on. Like a pair of po-faced co-conspirators, Affleck and Phoenix have cooked up an audacious little distraction a stage-managed Hollywood Babylon that's at once gaudily entertaining and wilfully self-indulgent.
I'm not sure I buy any of it, but the film is certainly compelling. It is directed by Casey Affleck, Phoenix's brother-in-law, who clearly had no qualms in showing the actor vomiting copiously into a toilet bowl or snorting coke off a groupie's breasts, or being defecated upon by his vengeful personal assistant. I'm Still Here, which premiered tonight in Venice, is a supposedly access-all-areas documentary charting the 12-month lost weekend that followed. He promptly announces his retirement at the Paul Newman memorial gig and then sets off to follow his dream of becoming a freestyle Jay-Z with a Unabomber beard. But the movie roles are chafing and the Golden Globe he won for impersonating Johnny Cash in Walk the Line is like a lead weight dragging him down. Oh sure, Phoenix may look like he has it all. S pare a thought for Joaquin Phoenix, a pampered Hollywood prince who lives to rap and raps to live.
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